ProAssurance Corp - Company Profile
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ProAssurance Corporation (ProAssurance) is a holding company for property and casualty insurance companies. The company primarily engages in providing specialty property and casualty and workers compensation insurance. Its major products include medical professional liability insurance and liability insurance for medical technology and life sciences risks. ProAssurance serves healthcare providers, medical technology companies, and life sciences entities. The company's products are distributed through independent agencies, brokers, and an internal business development team. The company also participates in international markets through its involvement with Lloyds Syndicates. ProAssurance is headquartered in Birmingham, Alabama, the US.
Headquarters
United States of America
Address
100 Brookwood Pl, Birmingham, Alabama, 35209
Website
www.proassurance.com
Telephone
1 205 8774400
No of Employees
972
Industry
Financial Services
Ticker Symbol & Exchange
PRA (NYSE)
Revenue (2025)
$1.1B
-3.2%
(2025 vs 2024)
EPS
XYZ
Net Income (2025)
XYZ
-3.5%
(2025 vs 2024)
Market Cap*
$1.3B
Net Profit Margin (2025)
XYZ
-0.4%
(2025 vs 2024)
* As of and is in US$
ProAssurance Corp premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Medical Technology and Life Sciences Insurance | Service: |
| Healthcare Professional Liability Insurance | Alternative Risk and Risk Sharing Solutions |
| Workers' Compensation Insurance | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Regulatory Approval | In June, the company's stockholders approved the acquisition by The Doctors Company. |
| 2025 | Contracts/Agreements | In March, the company entered into an agreement to be acquired by The Doctors Company for US$1.3 billion. |
| 2023 | Contracts/Agreements | In June, the company entered into a partnership with Caresyntax to provide Caresyntax surgical intelligence tools to ProAssurance’s insured surgeons. |
Competitor Comparison
| Key Parameters | ProAssurance Corp | Chubb Ltd | The Hartford Insurance Group Inc | CNA Financial Corp | W. R. Berkley Corp |
|---|---|---|---|---|---|
| Headquarters | United States of America | Switzerland | United States of America | United States of America | United States of America |
| City | Birmingham | Zurich | Hartford | Chicago | Greenwich |
| State/Province | Alabama | Zurich | Connecticut | Illinois | Connecticut |
| No. of Employees | 972 | 45,000 | 19,100 | 6,600 | 8,606 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Bruce D. Angiolillo | Chairman | Executive Board | 2022 | 73 |
| Edward Lewis Rand Jr. | President; Chief Executive Officer; Director | Executive Board | 2019 | 59 |
| Dana Shannon Hendricks | Treasurer; Chief Financial Officer; Executive Vice President | Senior Management | 2018 | 58 |
| Jeffrey Patton Lisenby | Executive Vice President; Corporate Secretary; General Counsel | Senior Management | - | 57 |
| Noreen Lynn Dishart | Chief Human Resources Officer; Executive Vice President | Senior Management | 2020 | 62 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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